403 Russell St #307StarkvilleMS39759
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Starkville at 403 Russell St #307, Starkville, MS, 39759 generates $1,571/mo in rent, after a $1,924/mo payment. Total monthly income is $1,571/mo. Return on cash invested sits at 12.22% in year one, and rental yield is 4.8% on a $393,000 entry. Equity gained on principal adds $2,536/yr, while 5% annual appreciation builds toward $108,579 over five years. Five-year ROI reaches 61.55% and total cumulative return in cash sums $80,186. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,571/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39759, Starkville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,121 (100%) |
| Owner Occupied HU | 10,557 (42.0%) |
| Renter Occupied HU | 10,225 (40.7%) |
| Vacant Housing Units | 4,339 (17.3%) |
| Median Home Value | $272,701 |
| Average Home Value | $296,396 |
Housing Distribution
Address Breakdown
Residential
23,719
Single Family
18,528
Multi-Family
5,191
Businesses
1,184
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Listed by: KAY REGIMBAL • MISSISSIPPI MAGNOLIA LLC
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-1954